Toll Free: 1800 103 1369 Email Us:customercare@canmoney.in

Markets

Market

News Details

(22/09/2026 16:37)

RBI absorbs Rs 71,971 cr through overnight VRRR auction amid surplus liquidity

The Reserve Bank of India (RBI) absorbed Rs 71,971 crore from the banking system through an overnight Variable Rate Reverse Repo (VRRR) auction on Tuesday, amid surplus liquidity.

The central bank received and fully accepted bids worth Rs 71,971 crore against the notified amount of Rs 75,000 crore, according to an official release.

The bids were accepted at a cut-off and weighted average rate of 5.24%, as the RBI moved to manage excess liquidity in the banking system.
Prevent Unauthorized Transactions in your demat account -> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....................issued in the interest of investors.
KYC is one-time exercise while dealing in securities markets -> Once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
CDSL – MyEasi App App Store: https://apps.apple.com/in/app/cdsl-myeasi-app/id6737304195      Google Play Store: https://play.google.com/store/apps/details?id=com.cdsl.myeasi   |   NSDL – Speede App : App Store: https://apps.apple.com/in/app/nsdl-speede-app/id922834763      Google Play Store: https://play.google.com/store/apps/details?id=com.msf.NSDL.Android